The European Commission approved Greece’s extension by 20 years of the concession granted to the Athens International Airport managers AIA SA on Monday, as the latter “receives no undue economic advantage or aid,” ANA reports.
Athens International Airport ‘Eleftherios Venizelos’ is operated by the Athens International Airport SA under a concession deal covering the period 1996 to 2026. Under the measure notified by Greece to the Commission, this concession will be extended until 2046, against the payment of an increased fee.
The extension of the Athens International Airport concession – which will cover losses between July 1 to December 31, 2021, due to the coronavirus pandemic – is one of the transactions included in the Greek Government’s privatization program, to which Greece committed under the ESM stability support program, and which was successfully concluded on 20 August 2018.
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Source: tornosnews.gr/en/